Campbell Soup Closing Mexico Plant

MEXICO CITY (AP) -- The New Jersey-based Campbell Soup Co. says it will close its plant in the town of Villagran in central Mexico.

The move will eliminate about 260 positions.

The company will continue to employ about 70 current Mexico staff members in research and development sales, supply, marketing and general management.

The company said in a press statement Thursday that production from the Villagran facility will be transitioned to the Mexican firms Grupo Jumex and Conservas La Costena, with whom Campbell has signed production agreements.